No HOA! No Flood zone! Located in charming Nokomis, FL, this cleared and buildable lot is just five minutes from Nokomis Beach and the serene barrier island of Casey Key. Situated near I-75, this lot is perfect for those who want both easy access to the beach and quick connectivity to surrounding areas. Known for its vibrant boating community, Nokomis offers endless water activities including boating, fishing, and swimming, with camping and glamping spots nearby for nature lovers. The Legacy Trail, a scenic 10-mile bike path, connects the nearby cities of Sarasota and Venice, providing a picturesque ride through local communities. Entertainment is never far with local farmer’s markets, excellent dining, and plenty of activities to enjoy. The locals will tell you that Nokomis is truly a gem! Gorgeous Palm trees already present on the lot. This lot comes with pre-drawn plans for a stunning 5-bedroom, 3-bathroom home with 3, 500 sq. ft. under air, ready to bring your vision to life. Or, if you prefer, bring your custom design and build your dream home! Local builder recommendations are available to make your project seamless from start to finish. Don’t miss out on this incredible opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$85,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $68,000 | $68,000 | $68,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $452 | $452 | $583 |
Total Monthly Payment | $527 | $527 | $658 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.